Overall unemployment rate moved down to 5.1% with the biggest shift in Restaurants & Hotels, which gained 600 roles, based on the most recently available information published in June 2021.
Total employment in the Utica-Rome, NY market rose by 490 jobs in May and the unemployment rate decreased compared to the prior month by 70 bps to 5.1%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Utica-Rome, NY unemployment rate is 40 bps below the national rate which is a positive sign.
- Unemployment in the market is 700 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in May versus prior month by -3.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Government: 30,100; +400
- Education & Healthcare: 26,300; -300
- Transportation & Utilities: 19,900; +200
- Manufacturing: 10,400; +100
- Restaurants & Hotels: 9,500; +600
- Business Services: 7,700; -100
- Financial Services: 7,500; no change
- Other Jobs: 4,100; +100
- Construction, Mining: 3,600; +400
- IT & Development: 800; -100
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.